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Jamie McCourt had claimed that her 2011 divorce agreement with Frank McCourt should be dismantled because her ex-husband fraudulently portrayed the value of the Dodgers at below $300 million. He sold the team last year for $2.15 billion.
The ruling spells the end of efforts by the Lehman estate and creditors to squeeze billions from Barclays for its alleged secret deals with Lehman insiders. But the news wasn't all good for Barclays: As much as $4.8 billion in disputed cash held in Lehman accounts at the time of the asset sale will return to the estate.
Well, It Could Have Been Worse: Lessons of The Am Law 100
That's the best that can be said for The Am Law 100 law firms last year. Three of four key categories fell, while profits per equity partner edged up by 0.3 percent (thanks to aggressive cost-cutting). And the tough choices are just beginning ...For any class action plaintiffs lawyer, winning tens of millions of dollars in fees is a big deal. But the litigation Robert Abrams of Baker & Hostetler spearheaded for a group of southeast U.S. dairy farmers isn't your average case--not for Abrams, his firm, or the bankruptcy trustee and creditors of Howrey LLP.
Litigating the Election: The Lineups in Florida
Some of the key lawyers involved in the Florida election fight include such heavyweights as Los Angeles O'Melveny & Myers senior counsel Warren Christopher for Al Gore and Houston's Baker Botts partner James Baker III for George W. Bush.A dozen Am Law firms failed to convince a federal judge in San Francisco to throw out claims that many of the world's leading consumer electronics companies conspired to fix prices for CD, DVD and Blu Ray recordable and rewritable drives.
After months of reading submissions, vetting, and interviews, The American Lawyer has announced the winners of the magazine's sixth biennial Litigation Department of the Year contest. Gibson Dunn cinched the top billing for the second time in a row, but plenty of additional firms and more than a half-dozen individual litigators shared in the spotlight.
Stefan Stein: A 'Wartime Consigliere'
What becomes a GC most? In an era of corporate scandal, it's the ability to guide a company safely through a government investigation and protect it from an ensuing bombardment of lawsuits. That description is a perfect fit for Stefan Stein, known as Qwest's "wartime consigliere."Trending Stories
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